the minneapolis foundation 2015 annual report

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1 THE MINNEAPOLIS FOUNDATION 2015 ANNUAL REPORT

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Page 1: THE MINNEAPOLIS FOUNDATION 2015 ANNUAL REPORT

1T H E M I N N E A P O L I S F O U N D A T I O N 2 0 1 5 A N N U A L R E P O R T

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Many thanks to the community partners who shared photos used in this report:

The Minnesota Historical Society | Breakthrough Twin Cities | Emily Terrell WE WIN Institute | Northside Funders Group

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I feel so privileged to interact daily with people who care deeply about giving back. And yet, it’s hard to really make a difference in the world. There are so many worthy causes, so many pressing needs. The Foundation’s

founders struggled with many of the same questions that today’s donors face: With limited resources, what’s the best way to create impact? Where should we partner to make a difference? Going forward, what will the community’s greatest needs be? What community issues will emerge?

Those questions motivated five Twin Cities leaders to pool their resources and start The Minneapolis Foundation 100 years ago. When the Foundation was established in 1915, our founders envisioned an organization that would enable people to leverage their charitable giving for greater impact and address the community’s most pressing needs—even as those needs changed over time.

Fast forward 100 years, and the Foundation has made an estimated $850 million in grants to improve lives in Minnesota and beyond. The history of the Foundation is really the story of our entire community. It took thousands of generous Minnesotans, nonprofits, and local leaders to build this incredible place we all call ‘home.’ The Foundation is honored to have been a partner in that work.

The Minneapolis Foundation is designed to make a donor’s giving go further. Working together, donors today — and from generations past — have helped build affordable housing, world-class arts, strong schools, a park system accessible to all, and a booming economy. Our donors have proven that when they leverage their resources, they can have an even greater impact.

However, the Foundation is much more than a grantmaker. We also convene, collaborate, educate, and advocate — offering leadership on tough community issues. One of those issues is the inequities that exist in our community today. We must close these gaps because we ALL do better when we ALL do better!

That’s why I want to ensure that The Minneapolis Foundation is here for another 100 years — to serve this community and to serve our donors. We’re excited to continue connecting people, ideas, and resources to make our donors’ giving go further, while improving the lives of everyone who lives here.

Together, our future is bright!

Sandra Vargas, CEO & President

DEAR FRIENDS,

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By The Numbers:Last year, the Foundation and our donors gave more

than $80 million in grants to nonprofits locally and across the globe.

Since its founding, the Foundation has made

$850 million in grants — locally, nationally, and around the world.

The Foundation administers more than 1,200 charitable funds.

We manage nearly three-quarters of a billion dollars in assets and have posted investment

returns of 9.8% (3-year average) for endowed assets.

Our Vision:Greater Minneapolis is vibrant, inclusive, and positioned to thrive locally and compete globally.

The Foundation helps expand the culture of generosity in the community — creating a platform where our donors’ giving goes further. Additionally, through our unrestricted grantmaking, we invest in programs and strategies to build OneMinneapolis—a community where social, racial, and economic equity is a daily reality for everyone.

A C O M M U N I T Y F O U N DAT I O N C O N N E C T S P E O P L E , I D E A S , A N D R E S O U R C E S TO I M P R OV E T H E L I V E S O F A L L .

WHO WE AREOur 6 Focus Areas:Arts & Culture | Civic Engagement | Economic Vitality Education | Environment | Health

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1915A lawyer, two lumbermen, and two bankers came together with a vision: To build “a wisely planned and enduring fabric” to benefit the community for years to come. They brought that vision to life by establishing The Minneapolis Foundation.

1940Australian nurse Elizabeth Kenny, who revolutionized the treatment of polio, came to Minnesota. The Sister Kenny Institute soon became a premier rehab center—and a Foundation grantee.

1973In what was then the largest grant in its history, the Foundation granted $130,000 to help the Minneapolis school district roll out an innovative desegregation program at three junior high schools.

1963The Guthrie Theater opened—with help from the Foundation, which contributed to construction.

1922The Martha H. Gould Fund, one of the earliest funds at the Foundation, was started to help girls get an education in the arts.

1942Just weeks after Pearl Harbor, the Foundation approved a grant to the emergency fund of the American Red Cross.

S N A P S H OT S F R O M O U R HISTORY

1970The Foundation hired its first full-time executive director, Russell Ewald.

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1998Using fees earned in a historic Minnesota tobacco lawsuit, the law firm of Robins, Kaplan, Miller & Ciresi came to The Minneapolis Foundation with a $30 million gift to start the RKMC Foundation for Children.

2015By the end of our Centennial year, The Minneapolis Foundation and its donors will have invested a lifetime total of $850 million to improve lives in Minnesota and beyond. We look forward to the next 100 years of changing lives and building a stronger community.

2005After Hurricane Katrina, the Foundation launched MinnesotaHelps.org to enable local residents to donate online through a trusted source to support disaster relief and recovery. The platform was used again in 2007 after the 35W bridge collapse and in 2011 after the North Minneapolis tornado.1999

In a community information ad campaign called “Minnesota, Nice or Not?” the Foundation asked Minnesotans to examine their attitudes toward the state’s growing population of immigrants and refugees.

1988The Minneapolis Foundation teamed up with the Saint Paul Foundation to launch the Minnesota AIDS Funding Consortium, funding projects related to AIDS education, prevention, and care.

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Frances Andrews In the 1920s, Andrews supported efforts to secure federal protection for northern lakes and woods in what ultimately became the Boundary Waters. Today, her legacy of conservation continues through an endowment fund at The Minneapolis Foundation.

E.L. Carpenter Carpenter, who started the lumber firm Shevlin-Carpenter, helped establish both The Minneapolis Foundation and the Minnesota Orchestra. Upon his death in 1945, the Minneapolis Tribune wrote, “Death Monday took the last of Minnesota’s empire builders, a man with the vision to see that the ring of the lumberjack’s saw could be transmuted into the deep resonance of a great orchestra.”

The Minneapolis Foundation’s history is really the story of thousands of generous Minnesotans who have turned their passions into action. Whether by nurturing the arts, creating jobs, or helping children and families in need, they have partnered with the Foundation to make a lasting difference.

PAST | Present | Future

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Oscar Howard Through his longtime catering company, Oscar Howard launched Meals on Wheels in Minnesota. To lend a hand to other entrepreneurs of color, he helped start the Metropolitan Economic Development Association. At The Minneapolis Foundation, he set up a scholarship fund for students, continuing his legacy of improving lives.

Walter Boutell “The City’s Debt to Mr. Boutell” was the news headline after Walter Boutell died in 1930. Boutell cared deeply about children, expectant mothers, and the poor, and his compassion lives on through a community gift that he entrusted to the Foundation. Decades after his death, Boutell’s gift has adapted to the changing needs of local kids. Today his legacy pays for low-income children to attend traditional, arts, technology, and other summer camp programs.

PAST | Present | Future

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Emma B. Howe – Proofreader. Thrifster. Philanthropist.Emma Howe was the sixth of 13 children in a struggling farm family. She grew up to be a hard worker, putting in six days a week as a proofreader for Deluxe Check Printers in the Twin Cities. One of the first employees of the fledgling company, she was often paid in stock, which she continued to acquire over the course of her working life.

Emma was a frugal woman who saved half of everything she earned. She usually rode the bus, rarely splurging on a taxi. Yet at the time of her death in 1984 at age 94, she was the largest individual shareholder of Deluxe, which had grown to become a Fortune 500 company. Her estate was worth $22 million.

Emma’s generosity made headlines when word spread that a little-known woman living modestly in northeast Minneapolis had amassed a fortune—and left much of it to the community. In her will, she made her philanthropic aims clear: to aid “children, the poor and the handicapped, and to support medical research, health services, education, and civic improvement.”

Emma’s vision is a reality today. After leaving a gift of stock to The Minneapolis Foundation, her fund has reinvested more than $50 million in the community—supporting AIDS research, pediatric cardiology, a teen center in the Minneapolis Public Library, and much more.

M I N N E S OTA WO R K E R S G I V I N G BA C K , YESTERDAY…PAST | Present | Future

$50million

in thecommunity.

Emma’s fund has reinvested

more than

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At Proto Labs, a Twin Cities-based digital manufacturer of prototypes and low-volume production parts, charitable giving isn’t just a reflection of the company’s values—it’s a way for employees to act on their passions.

When company founder Larry Lukis started thinking about ways to give back, he invited employees to join him. “I wanted to be able to support causes that our employees think are good causes.”

The Proto Labs Foundation sprang from that idea. Proto Labs assembled a committee of interested employees who represent every corner of the company, from manufacturing to sales to the CEO. With guidance from The Minneapolis Foundation, the committee designed a set of giving programs tailored to both the company’s strengths and employees’ interests. The process “was really very new for all of us,” Lukis said. “The Minneapolis Foundation helped us think about charitable giving in an organized way.”

With services ranging from advanced 3D printing to rapid injection molding, the company relies heavily on employees with STEM-related skills, such as software developers and engineers. Partly for that reason, the Proto Labs Foundation chose to focus much of its grantmaking on STEM education, said Lukis, a self-described computer geek.

In addition, the Proto Labs Foundation matches gifts of money and volunteer time that employees donate to nonprofits of their choosing. The foundation also invites employees to nominate charities to receive grants of $1,000.

“The Proto Labs Foundation is dedicated to engaging our employees in philanthropy both personally and as a company,” said Proto Labs CEO Vicki Holt. “Together we can have a much bigger impact than each of us could alone.”

A Corporate Giving Program Engineered by Employees

… A N D TODAY.

“The Minneapolis Foundation

helped us think about charitable giving in an organized way.”

Past | PRESENT | Future

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The Minneapolis Foundation envisions a city where racial, social, and economic equity is a daily reality for everyone who lives here. To realize that vision, we invest in nonprofits that help build and sustain a strong economy, excellent schools, and a community where everyone is motivated to participate in public decision-making. Whether by empowering families to thrive, investing in local schools, or pushing for policy changes to create a more just society, our partners are pursuing innovative solutions to our community’s most pressing challenges. Here are some of the ways we’re partnering to make change happen:

Restoring the Vote Under current state law, Minnesotans convicted of a felony are denied voting rights until they have completed their entire sentence, including probation or parole. As a result, nearly 50,000 citizens with past convictions can’t vote, even though they live and work in our communities.

A coalition of more than 70 public safety, faith-based, service, and advocacy groups is working to restore voting rights to these Minnesotans. The Foundation has supported this effort through grants to several coalition members, in line with our vision of building a truly equitable community.

From “Getting by” to “Getting ahead” Prepare + Prosper provides free, high-quality tax preparation and financial services to low- and moderate-income Minnesotans. With a team of trained volunteers, the nonprofit helps individuals and families maximize their refunds, build assets, and become financially secure.

OURPRESENT

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Empowering Parents to be Advocates WE WIN Institute helps students build skills through in-school, after-school, and summer programs that celebrate their cultural roots. The institute also offers a program to equip parents to effectively engage with teachers and school leaders. At first, the parents—many of whom are single mothers of color—discussed things like what to ask during teacher conferences. However, it wasn’t long before parents wanted a voice in advancing more equitable policies in their schools.

Drawing on their own experiences and insights, parents developed policy recommendations and presented them to the school board. Several parents joined school site councils. Others were appointed to a county committee to promote alternatives to juvenile detention. And, eager to empower other parents like them, the original group helped develop new parent groups at three other Metro schools.

For students to thrive, said WE WIN consultant Sindiswa Georgiades, “We all have to work together – parents, out-of-school programs, and schools.”

Past | PRESENT | Future

CHANGE

INVESTING INNONPROF I TS ASS ISTANCEFUND

CHANGE

INVESTING INNONPROF I TS ASS ISTANCEFUND

Investing in ChangeThe Nonprofits Assistance Fund (NAF), a supporting organization of the Foundation, strengthens the financial health of local nonprofits through loans, training, practical guidance, and financial management services. NAF also manages a pool of assets from donor advised funds at the Foundation, enabling donors to invest in local nonprofits.

These loans are making real change. For example, in 2015, NAF originated a $2.5 million loan—the largest in its history—to enable Hiawatha Academies, a network of high-performing charter schools, to build a new school building in South Minneapolis.

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Partnering for a Greener Future Last year, Minneapolis Foundation donors invested more than $4 million to support environmental and conservation causes. Their passion was a driver in the Foundation’s decision to develop a strategic partnership with the RE-AMP Network in 2014. RE-AMP is a network of more than 160 nonprofits and foundations working collaboratively on climate change and energy policy across eight Midwestern states. Their goal: to reduce carbon pollution by 80 percent, economy-wide, by 2050. RE-AMP works on issues related to clean energy, coal, transportation, energy efficiency, and capping carbon emissions.

This partnership gives the Foundation and its donors an opportunity to understand climate change and its impact on the broader landscape. The Network is a leading resource on environmental and energy policy and regularly identifies and connects its member groups with innovative approaches to addressing climate change and building a clean energy future. RE-AMP is uniquely positioned to address environmental issues and opportunities because of its focus on systems analysis and network thinking.

The RE-AMP Network also shares the Foundation’s values around equity, as low-income neighborhoods and communities of color tend to be particularly hard-hit by the effects of climate change.

WHAT’S AHEAD IN THE NEXT 100 YEARS? We can’t be sure, but we do know that sustaining a strong community will require teamwork—with local leaders, businesses, grassroots activists, and generous individuals and families. Here are a few of the ways we’re collaborating to lay the groundwork for a bright future:

12

OURFUTURE

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Tackling Education as a TeamIncubated at The Minneapolis Foundation, Minnesota Comeback (formerly ETI) is a coalition of education and philanthropic leaders committed to transforming K-12 education in Minneapolis. The group uses systems mapping and other data-driven approaches to identify policy changes and other improvements that will strengthen the education ecosystem. Its vision for 2025: a city where all children are enrolled in rigorous and relevant schools that prepare them for college and careers.

Past | Present | FUTURE

Pulling Together on the North SideThe Northside Funders Group is changing the way philanthropy works in North Minneapolis. By focusing private, public, and corporate funders on a shared vision of success, the group is reducing economic and educational disparities and lifting up the natural assets of North Minneapolis. Their work sparks ideas, amplifies investments, and inspires neighborhoods.

Pay it Forward FOREVERBenjamin Franklin called compound interest “the eighth wonder of the world.” In 1789, he made a 200-year endowment in his will to benefit the communities of Boston and Philadelphia. His gift, compounded over time, helped build museums and colleges and provided hundreds of scholarships.

In that spirit, The Minneapolis Foundation has created the Pay It Forward FOREVER Fund to celebrate our Centennial. We’re inviting visionary philanthropists to come together with gifts of $25,000 each to establish a lasting legacy for Minneapolis.

Here’s how it works: The Foundation will invest 100 new gifts of $25,000. In 2065, we’ll grant out 80 percent of the fund to meet community needs and retain the remaining 20 percent to grow the fund. Every 50 years, we’ll do the same thing—paying it forward, forever.

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Consolidated Statement of Activities As of March 31, 2015

UnrestrictedTemporarily Restricted

Permanently Restricted 2015 Total

REVENUES, GAINS, AND OTHER SUPPORTTotal Amount Raised $ 53,625,226 $ 4,603,815 $ - $58,229,041

Less: Amounts Received for Benefits of Others 928,384 - - 928,384

Contributions 52,696,842 4,603,815 - 57,300,657

Total Investment Income, Net of Investment Expenses 18,006,753 1,723,007 - 19,729,760

Less: Investment Income from Charitable Funds

Held for Benefit of Others 888,966 - - 888,966

Investment Income, Net 17,117,787 1,723,007 - 18,840,794

Change in Value of Trusts 10 949,162 139,558 1,088,730

Administrative Service Revenue from Agency Funds 403,248 - - 403,248

Note Receivable Interest and Other Income 3,467,306 - - 3,467,306

Net Assets Released from Restrictions 3,950,077 (3,950,077) - -

Total Revenues, Gains and Other Support 77,635,270 3,325,907 139,558 81,100,735

EXPENSESProgram Services

Total Grants 81,934,063 - - 81,934,063

Less: Grants Made for Benefit of Charitable Funds Held 871,239 - - 871,239

Grants 81,062,824 - - 81,062,824

Program Service Expense 5,909,973 - - 5,909,973

Support Services

Management and General Administrative Expense 2,497,856 - - 2,497,856

Fund Raising 1,870,762 - - 1,870,762

Total Expenses 91,341,415 - - 91,341,415

OPERATING CHANGE IN NET ASSETS (13,706,145) 3,325,907 139,558 (10,240,680)

NONOPERATING CHANGE IN NET ASSETS*Deconsolidation of RKMC Foundation for Children - (39,778,275) - (39,778,275)

Total Nonoperating Change in Net Assets (39,778,275) (39,778,275)

TOTAL CHANGE IN NET ASSETS (13,706,145) (36,452,328) 139,558 (50,018,915)

Net Assets - Beginning of Year 560,167,579 109,711,059 35,829,138 705,707,776

NET ASSETS - END OF YEAR $546,461,434 $73,258,731 $35,968,696 $695,467,096

*As of FY15 the RKMC Foundation for Children has changed from a Supporting Organization to a Private Foundation. Assets are still under management but are not part of consolidated assets.

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Consolidated Statement of Financial Position As of March 31, 2015 and 2014

2015 2014

ASSETS

Cash and Cash Equivalents $12,385,347 $11,348,977

Interest and Dividends Receivable 938,892 1,123,903

Accounts Receivable 1,365,616 158,824

Prepaids 159,316 27,668

Investments 577,657,083 627,577,103

Other Assets 2,163,188 1,677,694

Loans Receivable, Net 19,676,941 14,569,413

Notes Receivable 44,084,721 48,000,000

Beneficial Interest in Trusts 50,772,498 48,411,216

Furniture, Fixtures, Equipment, and Leasehold Improvements

(Less Accumulated Depreciation of $2,926,524 and $2,734,332

as of March 31, 2014 and 2013, Respectively) 150,289 293,477

Total Assets $709,353,891 $753,188,275

LIABILITIES AND NET ASSETS

Liabilities:

Accounts Payable and Accrued Liabilities $1,146,452 $1,022,443

Grants Payable 4,548,350 3,050,895

Notes Payable 12,246,586 8,600,976

Deferred Lease Credits 39,886 113,985

Amounts Due Beneficiaries 12,254,583 12,364,363

Charitable Funds Held for the Benefit of Others 23,429,173 22,327,837

Total Liabilities 53,665,030 47,480,499

Net Assets:

Unrestricted 546,461,434 560,167,579

Temporarily Restricted 73,258,731 109,711,059

Permanently Restricted 35,968,696 35,829,138

Total Net Assets 655,688,861 705,707,776

Total Liabilities and Net Assets $709,353,891 $753,188,275

The complete audited financials and accompanying notes are available for review by emailing: [email protected]

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FUND TYPESA community foundation reflects the diversity of donors’ interests and passions. Donors at The Minneapolis Foundation can select from a variety of fund types to turn their charitable dreams into reality. Through these funds, the Foundation is proud to support the generous individuals who are responding to the community needs of today and tomorrow.

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Supporting OrganizationsA tax-wise alternative to a private foundation, Supporting Organizations enable donors to hire staff and convene a board. They are less restrictive than private foundations, with The Minneapolis Foundation handling all administrative and grantmaking oversight, including IRS-mandated tax returns and annual audits.

Supporting Organizations are individual 501(c)(3) public charities under Section 509(a)(3) of the tax code. Although they have their own tax ID number and donations receive the maximum level of tax deductions (as with a Donor Advised Fund), each Supporting Organization is covered by the umbrella of the community foundation, and its grants and activities must fulfill and support the charitable purposes of The Minneapolis Foundation.

Supporting Organizations should have assets of at least $5 million, because set-up can be lengthy and legal fees may exceed several thousand dollars.

Signature FundsFor individuals, families, and businesses considering a charitable foundation of $1 million or more, Signature Funds combine the name recognition of a private foundation with the privacy, flexibility, and tax advantages of a Donor Advised Fund.

Signature Funds carry many of the attractive features of a private foundation, including “Foundation” name recognition, customized reporting, and grant correspondence. Multi-generational philanthropy is a core tenet of a Signature Fund and is supported by the vast resources of The Minneapolis Foundation.

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Donor Advised FundsDonor Advised Funds are established by individuals, families, foundations, or businesses that choose to be actively involved in the grantmaking process. Contributions to these funds are tax-deductible, but there are no IRS regulations about when dollars need to be distributed to support the organizations of your choice. This is an important offering for any number of donors: Those who would benefit from this option include people with a liquidity or tax issue that makes gifting necessary but perhaps don’t want to donate the full amount at that time; individuals who want to do due diligence before selecting charitable recipients; donors who want to involve other family members in decision making; folks who wish to make their gifts anonymously (as your name will not appear on the Foundation’s tax return). Donors with a range of community interests find these funds to be an ideal tool for conveniently fulfilling charitable wishes.

Legacy FundsThese permanently endowed funds have been created by living donors as well as through estate gifts. You may create your own fund or make a gift that will be pooled with those of other generous donors to achieve a greater impact. Legacy Funds are invested for the long term, with annual distributions to organizations working within 12 specific areas of interest. Legacy Funds make it easy to support the causes you care about, well beyond your lifetime.

Field of Interest FundsIf you like the Legacy Fund concept, but your interests lie outside The Minneapolis Foundations’ 12 Legacy Fund domains, a Field of Interest Fund may be for you.

Field of Interest Fund donors have chosen one or more focal points for their giving. (These can be stated as broadly as “health” or as narrowly as “pre-natal nutrition for mothers in greater Minneapolis who do not qualify for other financial support programs.”) The grantmaking decisions for these endowed funds are carried out over long periods of time by The Minneapolis Foundation (within the defined guidelines) to the then-relevant organization engaged in the focus area established by the donor.

Designated Beneficiary FundsDesignated Beneficiary Funds are endowed funds established by donors to support one or more specific nonprofit organizations in perpetuity. These are commonly established through an estate plan as a way to continue providing annual financial support to the organizations a donor supported during his or her lifetime.

Scholarship FundsScholarship Funds are often created in honor or memory of a loved one, and provide financial support to deserving students. Scholarships can be established to support graduates of, or those attending, a particular school. To endow a scholarship, the initial minimum funding is $125,000.

Community Action FundsOver time, generous donors have left gifts directly to The Minneapolis Foundation to use in addressing community needs. These gifts have created an endowment that provides resources annually to help improve the quality of life for everyone in our community, in accordance with priorities established by the Foundation’s Board of Trustees.

These resources are invested in strategies such as grantmaking, advocacy, convening of community members, and public awareness campaigns to achieve specific outcomes. Grants are awarded to nonprofits through a competitive process.

Current focus areas of these funds are:• Education: Putting all students on track for

college and careers.

• Civic Engagement: Enabling all communities to participate in our democracy and in public decision-making.

• Economic Vitality: Building a competitive and inclusive workforce.

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Specific Purpose FundsA Specific Purpose Fund is a charitable fund created by The Minneapolis Foundation to receive and distribute assets for a specific charitable purpose. Funds are typically created on behalf of groups or organizations that have not yet been designated as 501(c)(3) exempt organizations, or for charitable projects that have a limited term. Specific Purpose Funds usually receive contributions from a broad cross-section of the community. While not technically the same, a specific purpose fund in many cases is an alternative to what is typically referred to as a “fiscal sponsorship” arrangement.

Charitable Remainder TrustsA Charitable Remainder Trust allows a donor to irrevocably transfer assets into a trust. The trust pays income to the donor or other beneficiaries during their lifetimes, and the remainder goes to a qualified nonprofit.

Charitable Lead TrustsA Charitable Lead Trust allows a donor to irrevocably transfer assets into a trust. The trust provides for payment to one or more charities during a fixed term of years and then, after the term expires, the balance of the trust assets must be distributed to one or more individual beneficiaries.

Charitable Gift AnnuitiesCharitable Gift Annuities are simple agreements whereby The Minneapolis Foundation accepts a gift of cash, securities, or property and agrees to pay a specified, fixed-dollar amount to the annuitant (the donor or another beneficiary). The fixed amount is set by the American Council on Gift Annuities and is based on the annuitant’s age. Because the gift is irrevocable, The Minneapolis Foundation maintains control of the gift and becomes responsible for paying income for the lifetime of each annuitant.

Retained Life EstatesA Retained Life Estate is a gift defined by federal tax law allowing the donation of a personal residence, vacation home, or farm with the donor retaining the right to continue to live on the property. A life estate may be retained for one or more lives, or it may be retained for a term of years.

Community BuildersDonors who understand the importance of a permanent community endowment have entrusted The Minneapolis Foundation to carefully manage and distribute their charitable funds for generations. Community Builders provide the Foundation with a way to recognize and honor individuals who gift a fund at The Minneapolis Foundation through their wills, qualified retirement plans, life insurance policies, annuities, or trusts.

Questions about any of these funds? Please let a Foundation Philanthropic Advisor be your guide! Contact us at 612-672-3878.

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FUNDS OF THE MINNEAPOLIS FOUNDATION

Supporting OrganizationsRobins, Kaplan, Miller & Ciresi Foundation for Children (as of 3/31/15)Nonprofits Assistance Fund

Signature FundsHenry and Betty Albrecht FoundationAustin Mutual Insurance Company FoundationBernard and Fern Badzin FoundationBayhurst FoundationEdward R. Bazinet Charitable Foundation FundCannon Family FoundationCub Cares Community FundDye Family FoundationGeisler Family Foundation*Goodale Family FoundationGlenn W. Hasse Family FoundationKnopf Family FoundationLindquist & Vennum FoundationMLB 2014 All-Star Legacy Giving FundDavid and Leni Moore Family FoundationOwen Family FoundationEloise and Carl Pohlad Family FoundationProto Labs Company Gift FundPaul and Mary Reyelts FundCharles Ritz Family FundRogue Foundation FundThe Sauer Family Foundation*Tschudy Family Foundation*Margaret and Angus Wurtele Family Fund

Donor Advised FundsAaron Fund for Special Needs ChildrenAddicks Hoch Fund*Bruce and Kaye Aho Family FundBen Alden Memorial FundCraig J. Alexander FundAllen Family Charitable FundAlpert Family Fund*Altman FundBob and Nancy Anderson Family FundEric L. Anderson FundMargaret D. Anderson FundRolland R. and Charlotte A. Anderson FundTim and Sue Anderson Family FundJanet V. Andrews and Robert R. Andrews FundDeWalt H. Ankeny, Jr. FundMarie H. Ankeny Legacy FundAnonymous Giving FundSally A. Anson FundApple Autos Scholarship Fund*April 8 Fund*Yvonne Ardiley FundArneson Family FundAndrew F. Arthur and Christie Heikes Family Fund*Annette Atkins and Tom Joyce FundDale L. and Ruth G. Bachman FundL. W. Bachman Acorn FundPaul G. and Barbara A. Bachman Family FundStanley F. and Georgia M. Bachman FundTodd L. and Barbara K. Bachman Family Fund

Walt and Elizabeth Bachman FundBaci Fund/Rachael Scherer and Stephen ImholteHope Hamrin Bailey FundBaltins Family FundBarbara Bartlett FundKatherine M. and John C. Barzen Family FundTim and Vicki Barzen Family FundLee and Barbara D. Bearmon Family Charitable FundBernie and Patricia Beaver Family FundLois and Ron Behm FundJudith Belzer and Jeremy Waldman FundCarol and Judson Bemis, Jr. FundGardner and Patricia Bemis Fund*Elisabeth R. Bennett Family FundSue and David Bennett Family FundBenson Family FundBerestka Family Charitable FundDan Berg and Welcome Jerde FundJulia Berg Memorial FundJohn and Ruth Bergerson Family FundElizabeth and Harley Bergren FundBergren Family FundLarry and Ann Berle FundShirley and Marshall Besikof Family FundMarcy and Randy Betcher Family FundBeuning Family DuBois Legacy Fund*Brian and Diana Beutner Family FundJ. Billman Family FundE. Thomas Binger and Rebecca Rand Fund

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Birchbark House Advised FundBlackfoot Pass FundBLC Foundation FundBlue Rock Charitable FundBockley Brothers Family Fund/Mark BockleyBoeser Family FundHugh and Isle Boetcha FundBohmann/Riehle Family FundRichard and Jane Borchers Family FundRichard J. and Gloria L. Borden FundBoren Family FundBortscheller Family FundBow/Mann FundReginald and Lesa Bowerman FundLarry and Virginia Bradford FundDouglass Brandenborg Family Foundation FundCarol Brandenburg Family FundRobert and Maryann Brandenburg Family FundAlan Braun FundGil Braun Memorial Fund*J. S. and Priscilla W. Braun Family FundTom Braun and Felicity Britton Fund*Breyer Family FundBrody Family FundChad and Dawn Brommer Legacy Fund*Conley and Marney Brooks FundEdward and Markell C. Brooks Family FundLarry Brown Youth Education Corporation FundJ. Peter Brull FundBT Family Fund*Buckner Family Fund*Dan Buettner Family FundTyrone and Delia Bujold FundBurdick Family FundBob and Ann Burns Family FundGreg and Colleen Byrne Family FundSusan Calmenson FundCampbell Family FundRobert and Joan Campbell Family Fund*Margaret A. Cargill Foundation Fund*Leslie and Judd Carpenter FundLouann and Scott Carpenter FundSusana and Matthew Carpenter FundDarlene J. and Richard P. Carroll Family FundRichard P. Carroll FundRobert and Diana Carter Family FundLynn Casey and Michael Thornton FundHeidi Wurtele Castelein FundJeffrey J. Cavanaugh FundRachelle Dockman Chase and John H. Feldman Family FundCherish the Children FundChinese Heritage Foundation FundChinese Heritage Foundation Grants FundChoose2Serve FundChosy Family FundChristopherson Family FundPaul and Edna Christopherson FundChronister Family FundCitron Family Fund*

Richard W. and Jean Illsley Clarke FundClarkson Family FundGreg and Patty Closser Family FundCoggins Family FundSusan Colby and Lawrence Baill Family Fund*Douglas and Sands Coleman FundJohn and Kathryn Colwell Family FundCone Family FundConley Family Foundation FundJan Conlin and Gene Goetz FundConlin/Marron Family FundPatricia Anne Connelly FundJessica Conrad Fund*William and Elizabeth Cook Family FundCooper Schneier FundCornwell Family FundHeather Cornwell Fund*Ted Cornwell Fund*Fritz and Glenda Corrigan FundJulie Corty Family FundJ. Kevin Costley FundCox Family FundCrawford-Stenson Family FundCreekridge Capital FundLaurie and William Criego Family FundCrispy Lemon FundHenry S. Crosby Jr. Family FundJohn and Bonnie Crouch FundTed and Carol Cushmore Family FundJames D’Aquila Family FundDavies-Sommer Family FundMorris and Beatrice Davis Family FundPaulette Hoaglund De Vos Memorial FundCy and Paula DeCosse FundThomas L. Dekko and Dorothie Alm Dekko FundJack and Claire Dempsey FundCharles M. Denny, Jr. and Carol E. Denny FundDave and Jodi Dent Family FundDigital Inclusion FundDjupedal Family FundJames A. and Marilyn R. Dodge FundHenry Doerr Memorial FundDolan Charitable FundMarianne T. Donovan Scholarship FundDoudiet Family FundArt Downey Scholarship FundDSAK FundDavid L. and Johanna C. Duclos FundWilliam H. Dudley Family FundDuff-Westman Family FundDoug and Willie Eden Family FundLarry and DeeDee Edlund Fund*Art and Gail Edwards Donor Advised FundJohn and Virginia Ehlen Family FundEhlert Family FundDavid S. and Barbara Eiger FundJohn F. Eisberg and Susan Kline Charitable FundEisenberg Family Fund

Jonathan & Jill Eisenberg Family FundEllis Family FundRuth and Larry Elwell Family FundEmily’s FundLeon J. and Joan L. Endres Charitable FundThomas E. and Anita M. Endres Charitable FundEntegris Charitable FundLucas Erickson Fund*David Etzwiler and Sarah Truesdell FundNancy Etzwiler/Dan O’Neill Family FundEverist Charitable Donations FundFamily Memorial FundWally and Cecy Faster Family FundJohn F. and Mary K. Feikema Fund*Joseph H. and Betty Feilzer FundElizabeth Sarquis Fenn Family FundWade Fenn Family FundBrian and Ann Ferro Family FundSteve and Mimi Fisher Family FundLarry Fitzgerald First Down FundThomas Flint Boundary Waters Wilderness FundRichard N. and Carol C. Flint FundKaren A. Florez Fund*For Polks FundFoster Art Company FundFox Family FundFratzke Family Fund*Friborg Family Charitable FundFriendship University Foundation FundTerence Fruth and Mary McEvoy Family FundRobert & Caroline Fullerton FundFullerton Family FundFund of the Four DirectionsMelanie Gainsley Memorial FundZabel and Charles A. Geer Family FundGertmenian/King FundGiesen-O’Byrne FundGilbertson Family FundFirstService Residential Fund for Community Excellence in memory of Mel GittlemanGive Me A Chance FundMary Lou and Bethany Gladhill FundStephen E. Golinvaux FundGood FundMargaret Conkey Goodwin Campership FundGoodwin-Lindsay Family FundGordon Family FundDr. Fred Noah Gordon Donor Advised FundDavid L. Graven Memorial FundGreen Heart FundErnie Greene Scholarship FundMary M. Gregg FundStanley B. Gregory FundBob Greig and Frannie Williams FundJeff and Terri Greiner Family FundGrieve Family FundClark and Sima Griffith Family FundPolly Brown Grose FundJohn and Ashton Grudnowski Fund

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Gullickson Family Fund *Tom and Kelley Gunkel Family FundHaglund Family FundTodd L. and Mary D. Hall Family FundScott P. Halstead FundNicholas Hanson Memorial FundHanuman Family FundJames and Jill Hard Family FundPhilip M. and Margaret S. Harder FundJohn and Cynthia Hart FundMarguerite and Donald L. Harvey Family FundKristine Kay Hasse Memorial FundHasselquist FundHawkins Family FundHawn Family FundHayden Family FundHeart and Mind FundHedding Giving Fund *Anne and Peter Heegaard Family FundElizabeth and William G. Heegaard Family FundRoger F. Heegaard Family FundFrank T. Heffelfinger III Community FundTotton P. Heffelfinger Family Fund #2Heins-Mills Family FundHelmer Family FundJames R. and Patricia Hemak FundHenphil Pillsbury FundMichele and Andy Herring Family FundA. and R. Higgins Family FundMary Jean and James F. Higgins Family Fund *Jayne and Al Hilde, Jr. Donor Advised FundTyler Russell Hill Sunshine FundNancy J. Hoeft Fund *William L. Hoeft Fund *Ron and Anne Hoffman Family FundHognander Family FoundationBryson D. and Cathryn A. Hollimon FundHolloran Family FundBill Holm Memorial FundDave and Michelle Horan Family Fund *Hosier Family FundJames and Ann Howard Family FundBruce and Gayle Hoyt FundDavid and Shirley Hubers Family FundMike and Christina Huck Family FundHundt Family FundImagination Fund for Youth ServiceTed and Molly Irgens Family FundJackson Family FundCheryl and Lowell Jacobsen Family FundLyle James Charitable FundJana’s FundJanke Family FundJansen Family FundDr. Jim Jaranson FundAmy Nicolle Johnson Memorial FundDoug and Judy Johnson FundScott and Marjorie Johnson FundJohnstech FundJohnston Education Fund

Gail M. Jones FundPhilip and Susan Jones Family FundMary Friborg Jordan Family FundSam and Dona Jordan Family FundDavid and Kathy Jungquist FundKAG FundPaul Kaminski and Richard Bonnin Family Fund *Elliot and Eloise Kaplan Family FundH. S. Kaplan Family FundSamuel and Sylvia Kaplan FundDr. Harold and Genevieve Katkov Memorial FundJane and Jim Kaufman FundMichael R. and Jacqueline R. Kavanagh Family FundPaul Kay FundKeadue FundAdeline Joanna Keller Memorial FundKellogg Commission Company FundKaren E. Kelley-Ariwoola FundKennedy FundKerin Family FundBill and Linda Kerker FundMark and Beth Kimball Charitable FundKinder Vealitzek Family FundN. Judge and Reatha Clark King Family FundKinsella Family FundKLB Charitable Fund *Knecht Charitable Fund *Knowledge FundKnox Family FundMary C. Koehler Family FundArthur W. Kootz and June M. Kootz Family FundKoronis Medical Clinic FundJoel and Laurie Kramer FundMark and Lori Kroll FundKuhn Family Fund - Josef and Susanne KuhnDonna M. Kuiper FundKumagai Family FundKunin Family FundChoi-Chiu and King-Wo Lam Family FundSylvia Ho-Ling Hui Lam Memorial FundLabosky/Tallon Charitable Donation Fund *Lahr-Sternal Fund *Landing FundAlan Laorr and Jill Brakovec Laorr FundDavid M. and Karen A. Larsen Family FundKenneth D. and Barbara K. Larson FundLaTendresse Family FundLaw of Abundance Donor Advised FundMary and James Lawrence FundMary Ash Lazarus and Barry Lazarus FundLeatherman Family FundLeeward Landing FundRoss and Bridget Levin Charitable Gift FundSy and Ginny Levy Family FundJames F. “Bo” Lewis Scholarship FundLi Family FundJane and Todd Lifson/Lurie Besikof Lapidus Fund *

John and Nancy Lindahl Family FundHelen E. and Daniel T. Lindsay Family FundLipkin Family FundLittle-Abeln Family FundAnn S. Longfellow and A. David Bryan Family FundLotus FundLougee Family FundLove is All FundLowry Hill FundLukis Family FundBrian and Lisa Lukis Family Fund *Rob and Sally Lund FundLunt Family FundCharles David and Anne Luther FundRudy and Shirley Luther Fund IIRudy Dan and Cathy Luther FundLyle Signs, Inc. FundLeland T. Lynch and Terry Saario FundP. Lyon - Myers Family FundKathleen F. and David W. MacLennan FundSeymour and Susan Mansfield Family FundMark and Charlie’s Gay Lesbian Fund for Moral ValuesBrian Mark Family FundMarvin/Kirchner Family FundMary Ann Dorsher and Sven A. Wehrwein Family FundMaxxon Corporation Charitable FundRobert W. Maynard FundJason and Deedra McAthie FundDavid and Lisa McCarty Family FundRobert and Polly McCrea Family FundJames G. McEachran FundDick and Joyce H. McFarland Family FundJames P. and Shirley F. McFarland FundMcGoldrick Family FundBarbara McGraw and Steven Mosow FundMcKay Family FundBryant McKinnie FundRoger and Colleen Mehrer Family Charitable FundMary H. and J. Milo Meland Family FundKendrick B. Melrose Donor Advised FundMelrose/Toro Community FundMetaqua FundMetro Sales FundMary and James Meyer FundMiles Family Fund *Milo and Virgil’s Fabulous FundMinnesota CGOP FundMinnesota Clean Futures FundJames and Lorrie Minnich Family Fund

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David and Linda Mona FundWenda and Cornell Moore FundRichard A. and Valerie C. Moore FundMorrow-Pippin Family Fund *Kate and David Mortenson FundKevin J. Mossier Fund *Thomas and Jeanne Mueller FundMayme and Richard Murin Memorial FundPatty and David Murphy Family FundNaLa Fund *NAS FundClareyse Nelson FundRussell and Nancy Nelson Family FundGWL Newton FundNorthside Opportunity FundMary and Gary Nussbaum Family FundAnne and Richard Nygaard FundFr. Michael O’Connell Fund for At-Risk Youth and Interfaith RelationsCarol Jane Obst Fund *Blue and Cliff Olson Family FundEric and Heidi Olson Family FundOlson Foundation FundLawrence, Marie, and Elle Olson Donor Advised FundTom and Meredith Olson Family FundSteven M. and Maria Orosz Fund *Owen Lavander Family FundPatricia Owen FundLuis A. Pabon Memorial FundPadilla Family FundLuis A. Pagan-Carlo FundPalmer Rich Family FundChris and Laura Pardo Family Fund *Bill and Barbara Pearce FundPepin Family FundRobert C. Perkins Family FundS. F. Perkins FundKenneth and Ann Peters FundGary N. and Barbara J. Petersen FundBill and Mary Ellis Peterson Family FundNancy Pflager FundBrad and Sandy Phillips FundKay Phillips and Jill Mortensen FundPierce Family FundBuzz and Carolyn Pierce Family FundCordelia S. C. Pierson and Stephen J. Smela FundEllen Pillsbury FundEdmund P. Pillsbury Jr. Family FundPhil and Nina Pillsbury Donor Advised FundPatti A. Pinkerton FundPiper Family FundDavid L. Piper FundTad and Cindy Piper FundGretchen Piper and E. Scott Rosenbaum Family FundKaren and Darrell Polzin Family Fund *Molly and Ronald Poole Family FundAntoine and Simone Poppelaars FundPortman Amis Fund

Ann Marie Possis Fund *Zinon C. and Mary Possis FundPratt Family FundPricco Family Charitable FundPrince Family FundProto Labs Employee Recognition FundProuty Project Stretch FundJoyce S. Prudden and Michael D. Shoop Family FundJean Borgerding Pupkes and John J. Pupkes FundRAD 2010 FundRamstad Recovery FundRandall Family Fund *Paul and Jeanne Ravich Family FundRBA Cares FundDonald F. and Mary Sue Zelle Reed FundDarwin and Geraldine Reedy FundRehael Fund - Roger Hale/Nor HallReinhart Family FundRemele Family FundErika Louise Rempe Memorial FundJames and Chriss Renier FundRichard Erickson Family FundRickeman/Murphy Family FundRinek Family Fund *Rita Foundation FundJeff and Marilyn Rivkin Family Fund *John and Sandra Roe FundSandra Roe FundPaula and Roger Roe Family Fund *Betty W. and Peter M. Rogers FundMike and Toni Rosen Family FundWilliam and Rosemarie Rosengren Family FundBarry and Barbara Rosenzweig Family FundBurton G. Ross and Cynthia Rosenblatt Ross FundRoszell Family FundRoth Family FundSteve and Marilyn Rothschild FundRotman Family FundArne and Edie Rovick Family FundRussell/Delaney Charitable Fund *Rust and Schlafmann Family FundJim and Colleen Ryan Family Fund

Ryan Family FundSagan Family FundSt. Francis FundBenno and Marlys Gapstur Sand Family FundSheva J. Sanders FundSAR FundCaryn Schall and Jeff Davis FundSchall Family FundDale Schatzlein and Emily Maltz FundScherer Family FundGary and Carolyn Scherer Family FundGreg and Linda Scherer Family FundMichael and Susanne Scherer Family FundPeter L. and Geri G. Scherer Family FundAnne and Perry Schmidt FundRonald and Alice Schmidt Family FundScott & Lynn Schoolmeesters Family FundSteve and Karen Schuder Fund *Tom and Kyle Schulz Family FundMark and Ann Schulze Family FundSchurr Family FundSeeland Family FundB. W. Segal Family FundKara Seitz Memorial FundMark and Susan Sellnow Fund *Shan Shui Foundation FundJoyce Hoplin Shea FundCatherine K. Sheehan Family FundSheehy Family Fund *Jean B. and Robert J. Sheran FundCatherine Shreves and Tom Bird FundSieck Family FundFlorencio O. Simas FundDr. Kathleen Kay Simo Charitable FundSteven C. and Mary Sue Simon Family FundSimonson Family Charitable FundBrian and Nancy Siska Family FundCatherine A. Smith FundR. and H. Smith Kayakers FundPhil & Schele Smith FundRick and Nancy Solum Family FundDavid Sommer Family FundSoran Family Fund *Springcreek Fund

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Stafford Family FundSteiner Family FundSteinman Family FundAlex Sterling Memorial FundManon King Sternberg and William Sternberg Family FundRobin and David Sternberg FundPatrick T. and Susan Kenny Stevens FundPatricia Cerkvenik Stone FundDeb and Lowell Stortz FundStrehlow Family FundShea Stremcha Legacy FundRobert Striker and Patrice Tetta Family FundSulasalmi Fund *John L. Sullivan FundBrian and Mia Sullivan Family FundSunstone FundDonald F. and Virginia H. Swanson FundDonald F. Swanson Jr. and Susan E. Swanson Family FundCharles B. and Margaret L. Sweatt Family FundSarah Wilson Sweatt FundJohn & Laura Taft Charitable Gift FundWilliam C. Talen Charitable FundTank Hill FundDon W. Taylor FundRichard and Dorothy Taylor FundDr. M. F. Tchou Memorial FundTeddy Bear Children’s FundJoAnn H. Terriquez Fund *Tholkes Family FundThomas and Lassiter Family FundDaniel C. & Trudy L. Thompson Donor Advised Fund *Nancy and Bruce Thomson FundOrlan and Corella Thorbeck FundTikkun Olam (Repair the World) FundTOE FundTourville Family FundTP Legacy FundTim and Terri Traudt Fund *Tri-State Drilling Charitable FundParker and Albert Trostel Family FundTschudy Family Fund *John and Sally Turrittin Family FundTwin Cities Dunkers FundJeff and Ellen Valde FundLowell and Mary Van De Riet Family FundVantine Family FundSandra L. Vargas FundBill Veazey Youth Development FundVentures FundVerner Family Charitable FundVillafana Family FundVillafana FundKaren Viskochil FundLynn and Richard Voelbel Family FundW.K. Kellogg Foundation Trustee Donor Advised FundMark Wald Art Education FundCurtis and Sharon Wall Family Fund

Julia F. Wallace Fund *Kevin W. Walsh FundWare Family FundWarner Dart Legacy FundTom and Barbara Warner Family FundWatson Family FundJames J. and Kate Weinert Family FundWells Family FundWenz Family FundJoyce Wenz FundWestley Family FundWeyerhaeuser Family Foundation Fund *White Tree FundWhitney Fund *C. J. Wiersma Family FundStephanie Williams Fund *Williamson Family FundDavid A. Wilson FundErnest and Nina Wilson Family FundJohn and Renata Winsor FundSteve and Kathy Wirth Fund *Wollan and Fan Family FundMichael & Catharine Wright Family FundChristopher Campbell Wurtele FundAndrew Lindley Wurtele FundMargaret Wurtele FundJane M. and Oswald S. Wyatt FundLawrence and Katherine Youngblood FundYouth Philanthropy Fund

Legacy FundsNels L. Anderson FundAnimal Welfare Legacy FundArts and Culture Legacy FundFrances A. Blake and Ralph R. Blake FundWalter D. Boutell Camp FundJane Burkleo Scholarship FundEmmett D. Carson Fund for Advocacy and Social JusticeHelen J. Case and Charles Case FundChildren and Youth Legacy FundCommunity Endowment Legacy FundEducation Legacy FundEnvironment Legacy FundGeorge W. Bauman FundCatherine and Reginald Faragher FundMartha H. Gould FundCharles M. Harrington Fund Health Legacy FundWillis C. Helm Family FundHousing and Human Services Legacy FundImmigrants and Refugees Legacy FundInternational Development and Relief Legacy FundJustice, Equality, and Civic Engagement Legacy FundMatthew Little Memorial FundJane McCarthy FundJane McCoid FundMidwest Community Hospice Fund

Minnesota Coalition on Health FundNWAF Economic Vitality FundOhanessian Endowment Fund for Justice and Peace StudiesLouise Benz Plank FundMendon F. Schutt Family FundSenior Services Legacy FundGladys M. Smith FundSpring Hill Center - General Endowment FundSpring Hill Center - Pillsbury Company FundF. Van Konynenburg and Jane Van Konynenburg FundJack and Harriet Vennes Legacy FundRoger D. Wells FundAnnie E. J. Wells FundCharles and Mabel Williams Fund

Field of Interest FundsCarl and Dolores D’Aquila Family FundMarkell C. Brooks Fund for DanceMINCEP Epilepsy Research FundMinneapolis Public Schools Pierce Teacher Recognition FundMinnesota State Network FundNorth Star FundSaint Paul District Dental Society FundWest Bank Community Fund

Designated Beneficiary FundsPreservation Endowment Fund35W Remembrance Garden Maintenance FundBob and Nancy Anderson Fund #2Andrews - Hunt FundMarion H. Andrus Endowment Fund - Harriet Tubman CenterMarion H. Andrus Endowment Fund - Greater Minneapolis Crisis NurseryMarion H. Andrus Endowment Fund - Minnesota Women’s FoundationBaby’s Space FundDuncan G. Barr and Barbara A. Barr FundBemidji State University Foundation FundBemis Family FundJudson and Barbara Bemis Upper Midwest Metropolitan Opera Auditions FundHelen H. Bennett Memorial FundPeter L. Benson Endowment - Creating the Next Generation of Asset ChampionsBlake Schools FundElizabeth Cady Stanton Blake Fund *Bolder Options Invite FundWalter D. Boutell FundBoy Scout Foundation FundJohn H. Buelow FundJane Burkleo FundBurnham Orthopedic Lecture FundJohn and Caryn Camiolo Fund For Patient Assistance

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Cancer Research Fund - Martin M. Oken, M.D.CAPI Opportunity FundMiriam B. Carr FundCenter for Victims of Torture Endowment FundCenter for Victims of Torture Opportunity FundJames R. and Carmen Campbell Century Legacy FundRichard and Mary Jo Kovacevich Century Legacy FundChase Family Distribution FundCity of Lakes Waldorf School FundCommunity Health FundS. G. Comstock Memorial FundFrederick D. Conrad and Jean McIntyre Conrad FundThomas M. Crosby FundWerner and Emily Dahlheimer Memorial FundLaurie N. Davison Legal Assistance Endowment FundLaurie N. Davison Legal Assistance Opportunities FundGeorge D. Dayton Foundation FundWilliam and Corinne Dietrich Fund for the Minnesota Orchestral AssociationJudge David and Mary Doty FundsDavid L. and Johanna C. Duclos Fund William H. Dudley Designated Fund William E. and Catherine R. Drinkard FundEast Africa Medical Assistance Foundation Library FundEast Africa Medical Assistance Foundation Opportunity FundDr. E. Daniel Eckberg Scholarship Fund*Education Foundation of Bloomington Opportunity FundKenneth L. Eppich Fund for the GLBT CommunityFirst Endowment Fund of the United Methodist Church of LitchfieldCarly Vogel Fisher Temple Israel Memorial FundTony Flygare Memorial Fund for Emergency Foodshelf NetworkFraser Advised FundWilliam and Kathryn Fredell FundCharles F. Freidheim FundAlice Warren Gaarden FundMerrill H. Gibbs Memorial FundGillespie Center Endowment FundGillespie Center Reserve FundGirl Scout Council of Greater Minneapolis Endowment FundGlobal Deaf Connection Endowment FundDr. Fred Noah Gordon Charitable FundFred L. Gray Memorial FundGreater Twin Cities United Way Endowment Fund

Greater Twin Cities United Way Quasi-Endowment FundAlene Grossman-Vail Place Memorial Endowment FundGuild Incorporated Endowment FundOliver C. Hamlin FundCharles M. Harrington FundsHelen Harrington FundAnn Hardt Fund for Nonviolent Peaceforce *Harrington Foundation FundThomas F. Harrison and Gladys B. Harrison FundHarvest Prep School Closing the Gap FundHeadwaters Foundation for Justice Fund AHeadwaters Foundation for Justice Fund BRoger F. Heegaard Fund for Greater Twin Cities United WaySharon J. and Marcus W.K. Heffelfinger Fund for Blake School and Colonial Church of EdinaHennepin History Museum Agency Advised FundHennepin History Museum FundSuzanne Holmes Hodder LeagueAires Legacy FundHoeft Family FundHoeft Legacy Family Fund *Honeywell/G. Donald Long Scholarship FundOscar C. Howard Scholarship FundISS Scholarship FundJohanna S. Olson FundBob Johnson Boundary Waters Wilderness FundGordon R. Johnson Endowment FundPhilip and Susan Jones Family DB FundWalter H. Judd FundJohn Junell FundBill and Patricia Kelly FundsSister Elizabeth Kenny FundKFAI Advised FundKFAI Endowment FundHelen Kuehn Designated Beneficiary Fund *The Kingsbury Family Memorial Scholarship FundEndowment Fund of the Kinship Fund for ChildrenLaketrails Base Camp Opportunity FundLakselaget Opportunity FundLeague of Women Voters of Minneapolis 75th Anniversary Campaign Endowment FundMary G. Lee FundJack M. Lynch Minnesota Valley National Wildlife Refuge FundJack M. Lynch Suburban Hennepin Regional Parks District Fund

MacFarlane Memorial Room FundJeffrey C. Mack FundHenry C. and Margaret R. Mackall FundManakiki Camp FundRose Marsh Hospitality House FundJohn G. and Lois M. McNutt FundFrank and Sandra Merriman FundMinneapolis Public Schools Dowling Special Education FundMinneapolis Public Schools Fund for Teacher EnhancementMinneapolis Public Schools Gladys Tmey Special Education FundMinneapolis Public Schools Lillian Lindsten Scholarship FundMinnesota Jaycees Charitable Foundation Endowment FundMinnesota International Center Cornerstone FundMinnesota International Center Operating Reserve FundMinnesota Network of Hospice & Palliative CareMinnesota Jaycees Charitable Foundation Agency Endowment FundMonitors Foundation FundClinton Morrison FundMVNA Early Literacy FundNative American Journalists Association FundNorth American Swan FundBarbara A. Novak Fund for Center for Victims of TortureOsseo United Methodist Church T.R.U.S.T. FundDoris Overby Fund #3 *Planned Parenthood of Minnesota FundProject for Pride in Living Endowment FundHoward P. and Gertrude R. Quealy FundClarence and Rose Ray Memorial FundRebuild Resources Fund/Thomas M. Dale - Dain Bosworth Scholarship FundRedeemer Center for Life FundResourceWest FundRiver of Life FundJane Cleveland Roberts Memorial FundDorothy B. A. Rood FundRoseville Area School Foundation Opportunity FundMendon F. Schutt Family FundAugustus L. Searle FundJames P. Shannon Leadership Institute FundViolet A. Shea FundElizabeth Louise Jaquis Sikkink Campership FundHoward L. Smith Endowment FundsLowery J. and Mary Ann Smith - Midway YMCA FundJoseph Sodd III Memorial Scholarship Fund

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Southeast Seniors Living at Home Block Nurse Program Sustaining FundSouthside Family School FundSt. Joe’s “Little Church” FundBenjamin W. Stephenson FundsTechnology & Innovations Corporation Fund for the Center for Academic Excellence Fund/South Central Service CooperativeWilma C. Thomas Fund for the Bloomington Kennedy Choir Booster ClubTiwahe Foundation Endowment Fund #2Twin Cities Heart Foundation FundUrban Ventures Leadership Foundation FundUS Jaycees - Power of One - Team 2001 FundVisiting Nurse Service Endowment FundVolunteers of America - Minnesota Opportunity FundJoanne Von Blon Designated FundRosalie E. Wahl Lectureship FundWashburn High School Foundation Endowment FundGrace B. Wells FundFrederick B. Wells FundJohn S. Winston Family FundWoman’s Christian Association Endowment FundWomenVenture Endowment FundWomenVenture Opportunity FundNorth Minneapolis YMCA Endowment Fund

Scholarship FundsAda-Borup High School “Career Builder” ScholarshipHarry A. Blackmun Scholarship FundTom Bloom Scholarship FundDon and Marge Bohn Scholarship FundGilbert C. Braun Scholarship FundLouElla Peterson Braun Scholarship FundEmmett Carson, Sr. Memorial Scholarship FundValerie Chabot Scholarship FundAdam Arthur Cooke Memorial Scholarship FundDederick Memorial FundDestination 2010 Scholarship FundEdina ABC Foundation Scholarship FundEdison Class of 1950 Scholarship FundLeon E. and Patricia A. Endres Ag Scholarship FundCarly Vogel Fisher Memorial Scholarship FundZachary Breck Florenzano Scholarship FundGleason Glover Scholarship FundVianne L. Griffin Memorial Scholarship FundRoy and Vonnee Jackson Scholarship FundAmy Nicolle Johnson Scholarship FundEdith Walters Jones and Robert Jones Endowment Fund in Memory of Stanford Robert JonesJordan Park School of Extended Learning Scholarship FundHenry H. Kaufmann Memorial Scholarship FundLatino Scholarship FundMary Minell Scholarship FundMinneapolis Public Schools Edison Youth

Hockey Scholarship FundMinneapolis Public Schools Endowed Scholarship FundMinneapolis Public Schools Frank N. Borea Scholarship FundMinneapolis Public Schools Marilyn Fedderly Quist Scholarship FundMinneapolis Public Schools Richard R. Green Scholarship FundMinneapolis Public Schools Win Wallin Teacher Training Scholarship FundMinnesota Association for Korean Americans Scholarship FundMark Moeller Scholarship Endowment FundCorky Nord FundOmicron Boule FundPatridge/Brisco Scholarship for Milbank High School GraduatesRobert and June Paulson Scholarship FundCharlotte Anne Powers Theater Scholarship FundDuncan M. Putnam Scholarship FundKara Seitz Scholarship FundPhillip Austin Semmer Memorial Scholarship FundStanley J. and Isobel K. Shima Scholarship FundStenswick-Benson Scholarship FundBill and Karen Torp Scholarship FundVillage Scholars Program FundWatson Scholarship Fund

Community Action Funds2100 FundRalph D. Alexander FundElinor Andrews FundJennie E. Bailey FundJudson and Barbara Bemis Community Action FundEleanor A. Bishop FundFrances A. Blake and Ralph R. Blake FundWalter D. Boutell FundDorothy Brisco Community Action FundArliss Sherin Cady and Fred C. Cady FundCommunity Action Fund Pool - UnrestrictedLeonard G. Carpenter FundMary and Raymond Clausen FundCommunity Improvement FundThomas M. Crosby FundFrank and Irene Donaldson FundBurdette H. Durst Community Action FundLawrence and Florence Fagerstrom FundJohn F. Finn Foundation FundAshby U. and Laura Grevious Gaskins FundGordon William Gieseke Memorial FundB. C. Gamble and P. W. Skogmo FundElizabeth A. Hale FundRosalie Heffelfinger Hall FundMillard C. Hamer FundOliver C. Hamlin FundCharles M. Harrington FundHelen Harrington FundsTotton P. Heffelfinger Family Fund

Sharon I. and Marcus W.K. Heffelfinger Community Action FundEmma B. Howe Memorial FoundationHelen Hubbell FundGordon R. Johnson Endowment FundHerschel V. Jones FundElla S. Martin FundFaeth and James McGowan FundElizabeth H. Mitchell FundFrank L. Morrison FundFlorence C. Morrison FundRudolph O. Naused FundAnna V. Nelson FundMargaret L. Nesgen FundGretchen Field Pillsbury FundProNeighborhoods FundMartha Sweatt Reed and A. Lachlan Reed Community Action FundCarl J. Remick, Jr. FundEmma E. Rogers FundAlbert and Linda Rusnak FundLeone Schatzkin FundMendon F. Schutt Family FundAnnette Scroggins FundFrancys E. Shull FundTom and Adine Skoog Community Action FundLoring M. Staples FundLeland E. and Grace J. Starr FundPhilip R. and Ellen P. Thomas Memorial FundA. Skidmore and Edith D. Thorpe FundFred C. Van Dusen FundPearl Voss FundEdward F. Waite FundGeorge H. Warren FundsHarvey R. Weesner FundJ. Kimball Whitney and Helen Winton Whitney FundCharles Marcus Williams FundCharles J. Winton, Jr. and David J. Winton FundBerdie S. Yetter Fund

Specific Purpose FundsAll Day Kindergarten FundCarlson Cares Employee Assistance FundCentennial FundCivic Engagement FundCommunity Impact Evaluation FundCommunity Leadership Endowment FundCommunity Leadership FundDonor Advisor Co-Investment FundEast Phillips Park Cultural and Community Center Partnership Capital FundEducation Challenge FundEducation Transformation Initiative Fund

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Education Transformation Initiative Strategic Fund *Embracing Immigration FundFourth Generation FundFourth Generation Operating FundFund to End Homelessness in MinnesotaHarvest Network of Schools Fund *Latino Lead Fund *Melrose Employee Critical Need FundMinnesota Bottom Line FundMinneapolis District-Charter Collaborative Compact FundMinnesota DREAMers FundMinnesota Education Philanthropy Research and Analysis FundMN Bottom Line Program FundNCRT Capacity-Building FundPay it Forward FOREVER FUND *PPREP Funder’s Network Fund *One Minneapolis, One Read FundRE-AMP Network Administrative Fund *Race to the Top FundSharon Sayles Belton Tribute FundSpotlight on Crime FundTORCH Community FundUrban Adventure FundU. S. Bank Employee Assistance Fund

Discretionary FundsPresident’s Discretionary FundTrustees Fund

Charitable Remainder TrustsMarty and Doug Appleby Charitable Remainder UnitrustH. C. Atwood Memorial TrustLee W. Bachman Charitable Remainder UnitrustGeorge W. Bauman TrustJohn and Diane Breeding Charitable Remainder UnitrustWalter and Elsa Carpenter Charitable Remainder UnitrustJohn R. and Phyllis M. Charlton Charitable Remainder Annuity TrustPhyllis Daugherty Colwell 1999 Charitable RemainderJean and Joe Crocker Charitable Remainder UnitrustsCharles M. Denny, R. and Carol E. Denny Charitable Remainder UnitrustRobert J. and Marilyn M. Devereaux Charitable UnitrustFred L. Dodd Charitable Remainder Annuity TrustsKenneth L. Eppich Charitable Remainder UnitrustMarion G. Etzwiler Charitable Remainder Unitrust

James C. Fredrickson TrustJoseph Friberg Charitable Remainder UnitrustFulmer Charitable Remainder UnitrustBertin C. Gamble Trust Under WillAnn Gehrman 1990 Charitable Annuity TrustGoodrich Lowry TrustJoan and R. Donald Hawkinson 1999 Charitable Remainder UnitrustSharon I. and Marcus W. K. Heffelfinger Charitable Remainder UnitrustsJanice Hennings 1990 Charitable Annuity TrustNancy Jean Hoeft Charitable Remainder UnitrustDoris A. Horton Charitable Remainder UnitrustGretchen Karstens 1990 Charitable Annuity TrustCarol Ann Kincaid Charitable Remainder UnitrustMargaret Spence Larsen and Robert C. Larsen 1996 Charitable Remainder UnitrustJane C. Lenz Charitable Remainder UnitrustFay L. Mahr Residuary Trust U/WRobert W. Maynard Charitable Remainder UnitrustRichard and Joyce McFarland Charitable Remainder UnitrustLynn Milbrett and Mary Milbrett Charitable Remainder UnitrustClinton Morrison Charitable Remainder UnitrustsDan and Carol Mulheran Charitable Remainder UnitrustCarol J. Obst Charitable Remainder UnitrustWilliam R. and Barbara A. Pearce UnitrustsKaren Schreiner Charitable Remainder UnitrustRuth G. Sherman 1988 Charitable Annuity TrustJo Ann Terriquez Charitable Remainder UnitrustYoung Family Charitable Remainder Unitrust

Charitable Lead TrustsBarbara Bemis Charitable Lead UnitrustFredric W. Corrigan Charitable Lead TrustMichael and Carol Cushmore Charitable Lead Annuity TrustGoodale Charitable Lead TrustsHilde Family Charitable Lead Annuity Trust*Hoeft Family Charitable Lead UnitrustKendrick B. Melrose Charitable Lead Annuity TrustPhilip W. Pillsbury Jr. Charitable Lead TrustAlan Tholkes Charitable Lead Annuity Trust

Charitable Gift AnnuitiesMonroe Bell Charitable Gift AnnuitiesWilliam E. Drinkard Charitable Gift AnnuitiesDudley Flamm Gift Annuity #2Dudley Flamm Charitable Gift Annuity for Center for Victims of TortureWilliam and Kathryn Fredell Flexible Deferred Gift AnnuitiesAlan and Roni Gingold Charitable Gift AnnuityElaine Gingold Charitable Gift AnnuityBernice Cowl Gordon Charitable Gift AnnuityWalter and Deanna Hanson Gift AnnuityAnn Hardt Charitable Gift Annuity for Nonviolent PeaceforceJoan Jaffee Charitable Gift AnnuityFelice E. Kronfeld Charitable Gift AnnuityJohn Leinenweber Charitable Gift AnnuityRichard Lundy Charitable Gift AnnuityDolly Marshall Charitable Gift Annuity For CVTSteve Mayer and Susan Doherty Charitable Gift AnnuityM. E. Miller Deferred Charitable Gift AnnuitiesPaul G. Slaton Charitable Gift AnnuityCheryl Wilfong Deferred CGA

Retained Life EstateLaura Grevious Gaskins RLE

*Funds created in the year 2014-2015

Effective June 1, 2015. We apologize for any errors or omissions.

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CURRENT BOARD OF TRUSTEESCHAIRNorman Rickeman – Retired Managing Partner Accenture

VICE CHAIRNekima Levy-Pounds – Professor of Law; Director, Community Justice Project University of St. Thomas School of Law

TREASURERSven A. Wehrwein – Professional Director for Emerging-Growth Companies

SECRETARYSuzanne Koepplinger, M.A. – Catalyst Initiative Director The George Family Foundation

Tim Baylor – Chief Manager JADT Companies

Maureen Bazinet Beck – Retired Educator and Fund Manager

Ann B. Burns – Principal Gray Plant Mooty

Jan M. Conlin – Founding Partner Ciresi Conlin LLP

Gary Cunningham – President and CEO Metropolitan Economic Development Association

Terry Dolan – Vice Chair, Wealth Management & Securities ServicesU.S. Bancorp

Al Fan – Executive Director Minnesota Comeback

Robert Fullerton – Principal Blue Rock Advisors

Archie Givens, Jr. – President and CEO Legacy Management

Tonya Jackman Hampton, Ed.D – Senior Director, Diversity, Inclusion, and EngagementHealthPartners

Todd J. Lifson – Partner Lurie Besikof Lapidus & Company, LLP

David Mortenson – Chairman M. A. Mortenson Company

Patty Murphy – Community Volunteer

Gloria Perez – President and CEO Jeremiah Program

Justin Persuitti – Senior Investment Analyst Margaret A. Cargill Philanthropies

Brian J. Pietsch – Senior Vice President, State Government Affairs & Community RelationsAmeriprise Financial

Gretchen Piper – President Gretchen Piper, LLC

Steven M. Rothschild – Board Chairman and Founder Twin Cities RISE!

R.T. Rybak – Executive Director Generation Next

Phil Smith – Managing Director Greene Holcomb & Fisher

Margie Soran – Executive Director Soran Foundation

Lowell Stortz – Co-managing Partner Stinson Leonard Street

John Sullivan – Retired SVP, General Counsel, and Corporate SecretaryImation Corporation

Ellen Valde – Partner, Market Assurance Leader PricewaterhouseCoopers, LLP

Ben Whitney – Managing General Partner Argus Management

Jane Wyatt – CFA and Vice President; Portfolio Manager Advantus Capital Management

In GratitudeTo these community leaders, who donated their time and talents in support of the Foundation and have completed their board terms, we extend our heartfelt thanks and farewell to:Andy HerringNancy SiskaDavid Sternberg

Page 30: THE MINNEAPOLIS FOUNDATION 2015 ANNUAL REPORT

CURRENT ADVISORY COMMITTEE MEMBERSDonor Advisor CommitteeGinna Portman AmisLou BurdickCarol BrandenburgPaula DeCosseDick FlintBud Hayden, Jr.Jake JacobsenJoel KramerMonica LittleKathleen MacLennanSuzanne PepinRon PoolePaul ReyeltsMargie Soran

Fourth Generation Advisory BoardLisa JohnsonJames MurphyJulia QuanrudSam RosenbaumLauren RouthierKatie Sorensen Alana StimesJenna Temte

Professional Advisor CommitteeStuart Bear Chestnut CambronneNancy Bergstrom MeristemSuzann Brown U.S. Bank Private Client ReserveLaura Carlson Faegre Baker Daniels LLPJoseph Gibbons Merrill LynchLaurette Hankom Abbot DowningVirginia Harn CliftonLarsonAllenSean Hauenstein Copeland, Buhl & Company PLLPDavid Horan UBS Financial Services, Inc.Andrew King Riverbridge Partners LLCJulie Krieger Evercore Wealth Management, LLCSteven Kumagai TruCairn AdvisorsKathleen Longo Flourish Wealth ManagementAlison Midden Briggs and MorganLauri Roberts Wipfli LLPShane Swanson Stinson Leonard StreetMavis Van Sambeek Lindquist & Vennum LLPDavid Zaudtke Eide Bailly, LLP

Investment Committee (Non-Board members) Sue Slocum Children’s Hospitals and Clinics of MinnesotaDrew Smith Advantus Capital ManagementMark Thompson Riverbridge Partners, LLC

Page 31: THE MINNEAPOLIS FOUNDATION 2015 ANNUAL REPORT

A CE N T U RY OFI N N OVAT I V E C O M M U N I T Y B U I L D I N G

800 IDS Center | 80 South Eighth Street | Minneapolis, MN 55402 | 612-672-3878www.MinneapolisFoundation.org